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4118 Chastain Drive
About This Property
This 5 bedroom 3 bath home is perfect for entertaining, with large and open rooms and a great game room upstairs. The screened pool overlooks the lake allowing cool breezes for those summer days. All this can be seen from the many large windows on the lakeside. Come see what this gated community has to offer with its great location and easy access to everything Florida.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017